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Cavuto on Business

News/Business. Neil Cavuto and market analysts discuss financial issues and forecasts. (CC)

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DURATION
00:30:00

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San Francisco, CA, USA

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Comcast Cable

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Virtual Ch. 130 (Fox Business)

VIDEO CODEC
mpeg2video

AUDIO CODEC
ac3

PIXEL WIDTH
704

PIXEL HEIGHT
480

TOPIC FREQUENCY

Us 7, Michigan 6, Washington 6, Charlie 4, John Boehner 3, America 3, Ben 3, Neil Cavuto 2, South Carolina 2, Ben Stein 2, Detroit 2, Apollo 1, Liquiify Natnal 1, Nati Nation 1, Unn 1, Charles Payne 1, Walgreen 1, Ut 1, Pop 1, Las Vegas 1,
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  FOX Business    Cavuto on Business    News/Business. Neil Cavuto and market  
   analysts discuss financial issues and forecasts. (CC)  

    December 9, 2012
    1:30 - 2:00am EST  

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like them 30% up and no coal involved. >> brenda: jonas, what do you think. >> bad for the stock. and samsung, i feel like i put good money out after bad. >> and up to the hand. >> and the todd bull or bear. >> a bear, gaining market share. >> brenda: and you google best business anchor gues what you get? neil cavuto and he'sp next. . >> no guts no glory, are we surprised, no deal? so far, not a december to remember, and not with the cast of characters this december, a far cry from these cast of characters, 40 years ago, this december. the month and year man walalked his last steps on the moon. it's weird.
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four decades ago it seemed like nothing we couldn't do and today looking at the fiscal charade in washington, nothing we can do. >> welcome, i'm neil cavuto and 40 years after man left the lunar surface, politicians barely scratching the surface. >> 20 years after the astronauts made the impossible, possible. finger pointing spend thrifts who make the possible, impossible. how did we go from reaching for the srs to reaching t the other guy's throats. the astronauts who went to the moon and here for yourself, a jaw dropping special, it's a rare tv first in which we were granted unprecedented access to never before seen footage and exclusive interviews with the men who got usthere. i don't want to give away the entire special, i do want to
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give you this little tidbit from it. that i think speaks volumes today. heroes who didn't see themselves as heroes at all. >>ou'reot thinking about what goes wrong, worry is a wasted emotion, it clouds clear thiing that is abluly needed when something goes wrong. >> people say, boy, you've got a lotf guts, i didn't have juts, i knew what i wasdoing, i didn't go to the moon and-- >> he came back. did you hear the important part, he didn't have guts not for himself, but for his country. not personal glory, but for his untry. sounds like anyone watching right now. a democrat or republican? i don'think so. and charlie payne, dagen mcdonnm mcdowell and gcharlie gasperino
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and ben stein. >> we've come a long, long way and it's interesting, because we look at these men as heroes. and no one in washington deserves any sort of her worship unless you talk about the small business owners who gutted it out and the ladies and men who get on the subway train at 4 or five o'clock in the morning to clean up the offices so the lobbyists and legislators, anyone in d.c. is misguided. i know some people get it, why, i don't know. i long for the america that you just talked about. >> and what's interesting there and putti it together and the difference in the periods here, anything was possible, we didn't know the meaning of the word ent. we found a way to the impossible, it was in our veacular and way of thinking. >> the irony is today, in today's washington if somebody came up with a crazy idea trying to go to the moon if
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we never bee there before. people would laugh it off because people don't dream big and don't dreaat a instead. worried about their own shelves and not for sake of country, but only for the sake of reelected. two years or six years out or ur years, it's shameful and the fact that they procrastinate like no woman i've even ever met in my entire life is just despic despicable? >> well, you spend time with great americans. >> here i am with you. >> yes, and i spent time with great americans every now and then and people that came back from afghanistan and iraq, and you know, these kidand you're blown away, they're looking for jobs and i'm trying to help a couple of them. and i wouldn't say that washington is totally devoid of people that we can respect. there's a guy who came from a broken family, went to good scols, became president. i mean, i don't agree with
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him. >> that's the first nice thing you said about barack obama. >> i don't agree with him, i don't like his licies, don't like the directions. >> and the season bringing up. stop it, the guy came from nothing ands' president. >> how many times have i told you that, hear the love. >> i don't, i don't hate him. i hate his policies, but i will say this, you know, this is a guy who's committed to that agenda. he believes in it. >> and you might even consider instead, charlie, saying that you dislike his policies rather than hating-- >> i hate his policies. >> what' the point. >> and, but charlie has made-- >> and great human being, although with politics-- >> neil, without doing any additional finger pointing, we ought to acknowledge t effect what you're doing with the special and interviewing american heroes is also praisi public servants, people whose jobs and careers is to serve us, is to work for us, and charles, for example-- >> that's not what i said. >> and i heard you, you said
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public service. >> and many of these people are public servants and working for the united states government and celebrate that. >> did you got that out of my special then i hope you don't watch it. >> ben stein, all kidding aside, i just wonder, s what you will about what happened to our spa program we used to own it and hitch a ride with the russians to sll be a part of it. we're trapped inur own debt and that seems to limit our options and even o thinking abouhow we get out of messes. >> it was a heart breaking situation, and by the way, to go back to rl life for a second, i g to the army medical center, we used to be called walter reed and now down in bethesda and quite often seeing amazing heroes with their limbs blown off and making aife with themselves and their families and plenty of heroes, and teachers and so forth, and you're right out of washington we've allow our
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government to create a lead weight of debt that brings us down, down, down, instead of great things and turned over the rush shins and chinese and surrendered our enormous lead in the space program because of other indebtedness. it's heart breaking that this whole enormous adventure of outer space has now passed the united stat to other countries. it's just a heartache. >> do you think, charles payne, that we could have done what we did in the states and even initiated a race, if we had the debt, if we do now back then? >> 16 trillion? i, you know, it uld have been a lotougher to push it through. i do want to get back to what adam was saying. there's a big differenc between being a public servant to your constituents to america, and being this servant to an agenda or an ideology. i appla like charlie gasperino barack obama's success, john boehner's success, came in hume beginnings, but neither one of us are doing us a favor. neither one of them are
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deserving of hero worship in a country falling apart. >> i didn't think we should be hero worshipping the president, what i said he's an admirable man that did great things. >> sure, absolutely. >> in this country. i don't agree with his agenda. >> you argue that we haven't lost, to dages point we have it in us, but we haven't shown it? >> the lmakers in washington don't, they're a bunch of gutless weasels who don't-- >> that language there. >> furthermore it's not productive language. well, they're not productive, and criticizing me for calling them gutless when that's exactly what they are. >> i'm trying to draw a distinction between-- >> come on. the gutle weasels on the one hand and not doing a good enough job on the other nd, let's cheer them on and say we honor your service, now, do a better job. >> yeah i got cheered when i didn'tnloadhe dishwasher when i was a kid instead sent to the corner and sit there
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r the night. >> did anybody want to be an astronaut. >> sure. >> and john boehner is a gutlessweasel? >> and gaspero, did you ever want to be an astronaut? >> no. >> many wanted you to. >> i wanted to be a co >> i wanted to be and at cape that-- >> do you think that gutlessness and the notion that they don't have any, you know, our politicians, are they gutless or just working within a system-- >> no, they're gutless. >> designed to imperfect. >> i think a good number of men are gless and they just, they-- >> and what does john boehner get out of th. >> an opportunity to serve his country and that'my point. >> a lot of money? >> not making a lot. >> bottom line, bottom line, we've come a long way from what we have now, needless
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squabbling. >> human beings have always squbled, not havin a civil war, not having the ku klux klan, in many ways it hurts me to hear one of our panel say the country is falling apart. a lot of us do not see a country falling apart, see a couny with a lot of goodwill and wonderful people. >> i'm not taking that away i'm talking to waington. and the civil period, i don't know if that's the civil war or-- >> i'm kidding. good points all, everybody. do you remember this? ♪ that was then. this i now. >> this isn't which is wishes it's michigan and unions are seething, as the state is on the verge ofecoming the 24th right to work state in the nation. should taxpayers across the nati nation--
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i'm jamie colby, back to cavuto on fox business, only on the fox news channel. >> what's the deal with the guy wearing sunglasses and saying nothing? >> and all over again in michigan, protesting the right to work bill. the scene almost identical to wisconsin last year and that state's battle overollective
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bargaining and then, what's goin on? >> and i think it's always tough for unions to admit they've lost allure. i'm a union man and i know charlie is very fondf unions. we love unions, but we want people to have the right to choose whether or not they belong to a unn. a clothes shop wherehey have to have the union and i don't think that's freedom, if you want to join the union by all means, but to make it mandatory, that seems a bit harsh. >> neil: but the unions are spinning it the other way in michigan, charles, what do you ke of that? >> and ben makes the great point. the unions feel like their back has been against the walls and have for a number of years. in michigan, this is the way we can be competitive. liste everyone talks about the great comeback in detroit in the auto sector, that's a mirage. michigan's in trouble, detroit is in trouble and this is how they compete on the national scale, ultimately, a global scale.
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>> neil: dagen? >> versignificant that this is happening and by the way, this is just the right to not have toay union dues i you don't want to belong to a union first and foremost. >> neil: and you got that. >> very significant that it's happening in the birthplace of the u.a.w. it could spread across the midwest if this gains momentum and if you look back. >> by the way those are not sunglass. >> i'm sorry. >> and what is he doing? > and i think he's a union buster. >> he's not nothing, not shouting. >> not him. >> and exactly. >>ut if you look back on the last decade at right to work states, you have faster economic growth, faster yroll growth, you have faster population growth. it works for those states. >> and dagen, it's no fantasy, inevada a right to work state, they have extremely high unemployment for reasons nothing to do with-- because of housing. it may or may not help and look, this is a public policy issue, do you want to support that unions will exist or not because--
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>> in las ves, by the way, organized, las vegas at the heart. >> the casinos. >> that's a big part of it. >> so, it's not a good example. (laughter) >> what about south carolina, what's the unemployment rat in south carolina? it's very high and that's a right to work state. >> neil: so ur point, like your liberal colleague is that unions have had a point. >> well, i would say this, i don't think it's going to spad across t the country. >> oh i think it will, i think it will. >> i think that michigan has a specific-- >> the unions are pouncing off what happened in november and ruining with it. >> let's see. but there's a specific example here, which is the fact that michigan is doing very badly and i would say this, the problem that unions have. my dad was in a trade that you could get hurt and die if you don't have certain-- >> he was a construction worker and wt up, many stories. he fell a bunch of timemes,ot hurt. and coal miners, we're talking about unionizing people at wal-mart and that's where
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they've gone to work and-- >> and mcdonals. >> you might cut your finger. > how about a journalist union, oh, a paper cut. >> and it's not the onl reason why workers need protection fm the emplers. >> do you think that wal-mart needs protection? they don't-- >> and my problem with this, they got this president reelected andgot out the vote and sayhat you will of the declining influence, they did influence the outcome of this electionnd i think that they're certainly trying t leverage off of that since the election. >> well, they-- that was one of many, many, many factors. >> absolutely. >> and after the election and the fact is, as we all agree, the private sector union is a dying animal and that they only can survive if they can thoroughly control the public sector and this is just another example of their slow, painful death. >> on that upbeat note. i want you to look at this. t parent company of red
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lobster, filing a fight for the president's health care law, not because of the actual law, bse it criticized the law. the gang from forbes is going to explain the top of the hour, up next, did any of you see this? oh! oh! >> apparently these guys just found out that they could get fined for eating while driving. is nothing sacred?
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>> >> driving and eating, hey, the a city i south dakota fine people eating behind the wheel. >> charles, you say it has to go? >> pretty soon we'll be fined for driving while driving. and it's a way to get money, ridiculs. >> neil: this is one town that won'tee cavuto passing through soon. thank you. ben, what do you thinof it? >> cooking while driving. (laughter) and i think setting the table while driving. but eating potato chips, pop corner, peanuts? that's illegal? that's insane. >> neil: i was trying to reason this out, dagen, becaus just seemed like-- you can't use your cell phone in a lot of states now because it's a huge distracting. >> and texting. >> so, maybe thas the next step.
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>> i don't have a problem with this, actually, if they need to raise money-- >> get skinny. >> and you show up and you don't have-- >> and fat people have a problem with it. >> and you don't have potato chip crus on your lap, ben, when you arrive to see who you're seeing and don't have a sticky steering wheel, i'm done. >> neil: i'm not going to touch that. >> the sticky steering wheel? >> gasperino? (laughter) >> a sticky steering wheel? >> i don't know, i don't know. >> and i'll just say this, by the way, we have-- >> my non-sticky steering wheel. listen, ifou take off your eye off theoad for a period of time you get pulled over, who care why y're doing it. >> we can joke around, a joke about this, but getting distracted while driving is a serious problem and kills people. ben, by the way, i know this isn't a concern forou because in the back seat you are allowed t continue eating. >> i don't alwaysave a
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drive (laughter) >> always, that's how it is, the view is from the back seat. >> neil: by the way my thanks to charlie and dagen, very, very much up next we already told you about our fox news special "fly me tohe moon" to commemorate the anniversary of the last man on the moon and now the gang is blasting off with their own money mission, out of the world stocks. any other way t t t @8
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well, we thought our chances were 10 percent. >> apollo 13 commander thinking one out of 10 chances of surviving that. isn't that out of this world? >> and you know what else is stock picks from our shooting stars. none ofhem heroes, but they are all good friends. >> the space program, for america. liquiify natnal gas is huge the company will do extraordinary well because of itheniere. >> i agree with you about natural gas in general. but i rather have companies that areaking money >> what is making money. >> i think boring is it better. >> hey i built a crire on it. >> it is it a tree percent dividend yield as walgreen is, it is a good idea. >> ben?